Home buyers looking for a place in Tampa Bay may be in for some good news – the market appears to be opening back up, according to a new report from Realtor.com.
The report found that in the Tampa Bay market, the number of active listings increased 35% year-over-year, comparing May 2022 and May 2021. For comparison, nationally, the number of active listings increased 8% year-over-year in May.
But, home buyers aren’t out of the woods just yet. Prices are still at record highs – the median listing price per square foot for homes in Tampa Bay increased 26.9% year-to-year in May.
– Kelly Hayes, Extensive Enterprises